In Short : India’s electric two-wheeler sales surged 34-fold in four years, hitting 1.1 million units in 2024. However, market share remains around 4–5%, hindered by reduced subsidies, high costs, and charging concerns. Legacy players like TVS and Bajaj are gaining ground as Ola’s dominance wanes. With policy support, e2W market share could rise to […]
Hyderabad-based Quantum Energy forays into electric two-wheelers – EQ Mag Pro
Launched four New Electric Vehicles. Hyderabad : Quantum Energy showcases its upcoming EV high-speed scooters and signed an MOU with MBI Korea to bring advanced technology into India in high-speed scooters. Quantum Energy is an electric mobility company in the design, development, and manufacturing of electric scooters under Make in India. It is backed by […]
Hindustan Motors-European co JV likely to launch electric two-wheelers by next year – EQ Mag Pro
Financial due diligence of both the companies will start in July, which will take two months, after which the technical aspects of the joint venture will be looked into and this will take another month, Director of Hindustan Motors, Uttam Bose. Hindustan Motors (HM), the erstwhile maker of the iconic ‘Ambassador’ cars, expects to set […]
Ola Electric Recalling 1,441 Units Of Electric Two-Wheelers – EQ Mag Pro
Ola Electric is recalling 1,441 units of its electric two-wheelers in the wake of incidents of vehicles catching fire, according to a company statement. The company said its investigation into the fire incident on March 26, in Pune, is ongoing and preliminary assessment found that it was an isolated one. However, it said, “As a […]
Gujarat Invites Bids For 16,417 Nos. Battery Operated Two & Three Wheelers
EOI For Battery Operated Two Wheeler 2021-22. For more information please see below link: EOI For Battery Operated Three Wheeler 2021-22 For more information please see below link:
Electric two-wheelers can help save ₹22,000 annually: Delhi Transport Minister
Apart from manufacturing electric scooters, the company is also setting up its own charging station known as Ather Grid. The Switch Delhi campaign was launched by Delhi Chief Minister Arvind Kejriwal on Thursday The Switch Delhi campaign, which was launched by Delhi Chief Minister Arvind Kejriwal on Thursday, aims at promoting the use of electric […]
GEDA Seeks Manufacturers for Marketing & Distribution of 10,000 Electric Two-Wheelers in Gujarat
Authorization of Manufacturers For Marketing & Distribution of Battery Operated Vehicles (BOVs) – Low speed & High speed Two wheelers with Lithium ion battery in Gujarat State under GEDA Subsidy scheme Gujarat Energy Development Agency (GEDA) invites EOI for “Authorization of Manufacturers for Marketing & distribution of Battery Operated Vehicles with Lithium Ion battery (Low […]